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governor tried to -- john boehner, i am neil cavuto, we may be on the brink but that does not mean cuomo still does not give washington to give up some bank. 42 needed millions dollars for hurricane sandy relief. similar requests likely coming from governors in new jersey and connecttcut. who all together want this all too dumbing figure in post hurricane help, a hundred billion bucks, i don't know if they get all of it, but i think they get most, here is why americans, have big hearts, folks need help. they need a lot, many still without power, and without homes and without patience or hope, something needs to be done. judging from the back slapping help politicians, the government is still the one to do it but is it? think about it. if the road to virtue were paved with billion dollar bills then everyone in washington would be the pope, news flash, they are not, they are not good as getting bang for their buck. think of all those gas taxes that were to pay for those bridges, or tolls of no bridges to pay for fixing those bridges, and highways. think about that social security lockbox.
? producer john tower has your answers. >> i'm an inso mamniacinsomniac and joe do not look early doing this early show. are they being punished by comcast? >> we love it. i don't know what you're talking about. we love it. we are up so early in the next one. what's the next one? >> mandy on twitter. >> mandy, yes. >> come on, guys, be nice to the weather guys. his show was better than what you guys did today. more bill karins. >> more bill karins. control room, do we like bill karins? oh. really? great. you're all fired. okay. "morning joe" starts right now. >>> see, here's what happened. two summers ago, congress realized that if they couldn't compromise on a deficit and revenue plan, our economy would crash. turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise, they concocted a catastrophic penalty that would itself crash our economy. brilliant. put it another way. if there is an asteroid headed towards the earth, we made it and fired it at ourselves. because otherwise we would never have done the hard work required
deadly gas. how that changes president obama's stance on a possible intervention. john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? and the u.s. ambassador to the united nations comes under fire again. this time, it's over ra wwanda. let's go "outfront." evening, welcome, everybody. i'm soledad o'brien. breaking news. president obama puts the syrian president bashar al assad on notice. the president is reacting to new notice that the regime is mixing with chemicals to make deadly gas. and today, i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is an would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> assad is on the edge of president obama's so-called red line against syria. the president said the summer that syria's use or movement of chemical weapons could mean u.s. intervention, so "outfront" tonight, barbara starr. how exactly clear is the evidence in fact they are now moving
between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spending on the table. what's your thinking prigt now? >
on the american economy. >> the bottom line tonight is that white house officials are telling me unless john boehner admits that basically the president won the election, and that, in fact, taxes have to go up, in terms of tax rates have to go up on the rich, the president is prepared to see the nation go off the fiscal cliff, shep. >> shepard: what's the thinking on whether they can actually come together at some point here, ed? >> right now it's pretty dim. if you look at what speaker john boehner said in that exclusive interview with our own chris wallace on "fox news sunday." he said right now there are nowhere in these talks. other serious republicans like lindsey graham says he thinks we are edging closer to closer to this just being in calamity. >> i think we are going over the cliff. it's pretty clear to me that they made a political calculation. >> he believes we are likely to go of 00 cliff now. the bottom line is tonight the president is hosting congressional leaders for this congressional ball. basically a black tie holiday party. maybe they will start talking about compromise bu
of the house john boehner offers up his own plan today. and the white house has already offered up their response. >>> a little later, a photo in the trayvon martin case has been released in color. we'll show it to you. a new heir to the british thrown is on its way. it's a baby bonanza. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. let's say you want to get ahead how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let's get to work. the potential of yel
speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my pancakes. we have just come down from higher levels. the ibex up .2 of a percent. overnight we saw china leadersh
the average middle-class family would have to pay about $2,000 a year more in taxes. house speaker john bain of lands the stalemate on the obama administration. he says they are not taking republicans seriously and plans to close loopholes and lit it deductions without raising taxes. >> i realize of the president may not agree but if there is another way to get revenue from upper income americans that doesn't ruin our economy why don't we consider it? >> we won them to tell the american why they won't do it. >> the democratic controlled senate has are the agreed to extend the bush tax cuts for incomes under $250,000 but let the other tax cut expire. it is predicted their rugby at least a short-term deal released before the end of the year. >> of when it comes to a president's second inauguration at the crowd tends to be smaller. that will be the case again this january. the cross the present obama as inauguration on january 21st will be close to 800,000. that is the estimate right now. that is down quite a bit from the 1.8 million people crowded the national mall and 2008. >> i think that is
a republican counter offer. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >> according to state tv iran's revolutionary guard captured a u.s. drone after it entered the iriranian air space over the persian gulf. >> but u.s. navy official says there are no missing drones. >> prince william and his wife katherine, expecting their first child. >> after the duchess was admitted to hospital. >> that child could grow up to be one of the most powerful unemployed people in the world. >> a search is under way in new york for a man accused of pushing another man to his death in the subway. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >> please shut up. just shut up. >> you shut up. >> that got annoying at the end. >>> and all that matters. >
to be the next secretary of state replacing hillary clinton. a little exchange between john mccain and john kerry earlier today. watch this. >> senator mccain? >> thank you very much, mr. secretary. >> i think thank you very much, mr. president. this is what happens when you get two losers up here. we're just having fun. >> so here's the serious question, though, i'll start, james, with you, once again. who do you think would be a better secretary of state? would it be john kerry, the chairman of the senate foreign relations committee, or susan rice, the u.s. ambassador to the united nations? >> i honestly have no idea. i would say john kerry because i know senator kerry. i don't know if i've met ambassador rice before. but to be honest with you, both of them are imminently qualified people. i can't imagine either one of them would do anything other than a spectacular job. but i'm a political guy, not a foreign policy guy. i'm just unable to really render a very knowledgeable -- >> let me rephrase the question. politically speaking, who would the president be better off nominating? >> politically
house has responded with virtually nothing. >> distinctly unhappy house speaker john boehner on fox news yesterday. meanwhile, the white house put out a statement today arguing the republican plan lowers tax rates for the wealthy and quote, sticks the middle class with the bill. so with 29 days to go until the fiscal cliff, what would it take to get a deal? joining me now, men on opposite sides, grover norquist, president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates o
. in the past, other deejays managed to prank call the queen herself and even pope john paul. a miami deejay once got through to fidel castro. during the 2008 campaign, sarah palin got called out by a canadian prankster impersonating the french president. >> one of my favorite activities is to hunt, too. >> very good, we can go hunt together. >> reporter: in that case, as in this one, is begs the question, was she just being polite or was the caller convincing? could you tell the difference? the queen rarely uses the first person singular. one tend not to, does one not? >> i think it's difficult sleeping in a strange bed as well. >> yes, of course. >> it's nothing like the palace, is it, charles? nope, nothing like the palace at all. david wright, abc new, los angeles. >> i can't believe how that happened. >> i am a little shocked too. they were, i don't know. it sounded more like the queen than when i saw the piece yesterday. see how they may have fallen for it. >> may have fallen for it. nobody asked for the woman to identify herself. i know she said kate's grandmother. but still -- >> tha
-term deal. >> john boehner, speaker of the house, he came up with a proposal. but not all the conservatives in the house and the senate are on board. jim demint, republican senator from south carolina. >> this is a time to negotiate with ourselves. we need to invite the president to work with us. his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. the president has known about this fiscal cliff for over a year. and many of his decisions caused us to be in this position. >> how much of a problem does boehner have with other republicans potentially? >> it's a big problem. it's always been his problem. it's been a problem for the republican party since they started taking that no tax pledge 30 years ago. what is revenue increase? is closing deductions and loopholes a revenue increase? and if so, do you have to oppose that? i think what we see going on in the republican party right now is a fight between the stalwart, no new tax whatever conservatives and those who believe that they have a responsibility to keep the c
. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're not going to be able to get a deal without it. >> reporter: republicans want smaller tax increases overall and no movement on higher income tax rates. they want to cut unnamed tax bre breaks and deductions, which they say will do more to boost economic growth. the white house considers the proposal and economic rationale behind it laughable. >> we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> reporter: republicans answered back ba-humbug. >> this is absolutely not serious and the administration knows it. >> reporter: six governors, three from each party, met the president and said acid they believe business leaders in their states won't invest and hire until a deal gets done. >> until this gets resolved in a way that's not
on for names, john, george, and charles himself for the early favorites for boys, and francis is favorite for a girl followed by victoria and diana and elizabeth. you can get 1,000-1 to brooklyn. and i called william hill and said what about king shepherd and he said that is an occupation, not a name. that is all. >>shepard: june or july you will be back home. energy yourself. i had to go to the wedding and i am immune from future. >>jonathan: you had a great time. >>shepard: only because martha was there. >>jonathan: she knows how to party. >>shepard: she knows the royals. for country or ex-nfl players have killed they willselves this year. belcher in a murder-suicide over the weekend. and the titans receiver shot himself and jr. seau, and atlantic falcon safety, as well, and his occupy showed he had a britain disease linked to repeated concussions. last year the former bears star shot himself in the chest. he left a note saying, please, see that my brain is given to the nfl. he had brain damage related to his hard hits. now this new study, new study that just came out, adding to the bod
on the high ground overlooking the sea. visiting thelace where homer lived and worked is john wilmerding, deputy director of the national gallery of art. homer's studio was a remodeled stable set about 200 yards from a large summerhouse thatis older brother bought in 1883. although homer was close to his family, he enjoyed the solitude his studio provided, but most of all, it was the ocean outside which reall made this place so important to him. the love of nature was very much a part of homer's time. his family joined the growing number of americans in the late 19th century who could afford to escape the city heat and spend summers at the shore. homer's relatives on both sides had been engaged in shipping and trading for generations. his father, charles savage homer, carried on an import business. his mother, henrietta benson homer, was a watercolorist whose flower pictures were occasionally shown in professional exhibitions. winslow was born in boston in 1836. at the age of 21, after two years of drudgery apprenticeto a commercial lithographer, he vowed he would never have another mast
on the rich. >> yes. speaker of the house john boehner not willing to budge on demands to end the bush year tax cuts but is offering a 2.to kbrinl reduction plan as a counter proposal to ending breaks. this afternoon, house speaker spent the president a letter outlining $800 billion through tax reform. but the cuts remain in place. the plan calls for $600 billion in savings from health sources, $300 billion in additional mandatory savings. sound vague to you? abc 7 political analyst says that is part of the game. >> every time you make cuts at this point, you're affecting some constit twensys going to get mad at you. >> the president is asking for $1.6 trillion in new revenue over next 10 years mostly from the rich. speaker boehner offering half of that amount through his tax reforms and if they can't find an agreement it means on january 1 nearly every american will pay more income tax, between 2000 and $2400 for average families. san francisco cafe distill, the owner says we can pay that. if his employees have to pay, that would hurt. >> $2400 makes a big difference for employees making b
john mcafee wanted for questioning in a murder is now speaking out from guatemala. >> after being on the run, mcafee now plans to ask for asylum. it's wednesday, december 5th. >> announcer: from abc news this is "world news now." >>> good wednesday merning. i'm paula faris. would you spell that? "m-u-r-n-i-n-g?" merning? >> m-e. "merning." "merning." "merning." keeping it casual on the overnights. >>> good morning, america. i'm rob nelson. thank you for joining us. today, the strange case of john mcafee got a whole lot stranger later in our top story. >>> also this half hour, a flight school student caught in a gruesome propeller accident. how his quick-thinking instructor helped save his life. >> unbelievable. >> remember that story a few months ago, lauren scruggs, walked into the propeller. >> same thing. same thing here. >>> also ahead, details on what sent kate middleton to the hospital and when. we also have an update from london on how she is doing right now. >> and then "malcolm in the middle" star, frankie muniz recovering from a really startling health care much more com
the queen like if john cleese was doing the queen! [ laughter ] >> people walking on capitol hill -- >> bill: let's try it. >> hello. the queen calling. >> okay. let's leave that to -- >> bill: where is that brit when we need him? >> hey people walking on capitol hill yesterday turned their heads when they saw a donkey, a camel and a sheep walking down the road. the hill reports it turned out to be a live nativity scene. something a coalition of faith-based groups stage in front of a supreme court and the cap tom building each year -- the capitol building each year during the holidays. >> bill: who would play the wise men on capitol hill? >> seriously folks. >> grammy nominations were announced last night. record of the year nominee -- include lonely boy by the black keys stronger by kelly clarkson, we are young by fun. somebody that i used to know from goat yea and also taylor swift up for a nomination as well. >> bill: i missed all of those. >> i can't wait to tell my grandkids about the time i was alive w
. >> john stephenson. >> this cools and colleges of 270 million are extremely welcome. schools and colleges such as those in my constituency plans on the runway ready to take off, just in a little additional financial support. will the chancellor help those colleges and schools? >> i'm very happy to look personally at the case my honorable friend makes for his local education facility. these are of course other government departments but we have provided the money for education, for new free schools and academies. and i'm sure that carlyle should be looked at. >> steve reed. >> chancellor aware because of his continuing inadequate level of funding to school building which today's statement is not correct, london councils across party body is estimating that by 2016, one in every 10 primary age children and son will not have a permanent school place? >> first of all, can i take this opportunity to welcome him to the house of commons. congratulate him on his victory. he rightly wants to speak on behalf of his constituents. what i would say is the pressure on london's schoolhouschoolhou ses, f
, and she fears still grooming other young girls. atika shubert, cnn, london. >>> u.s. house speaker john boehner is going to respond to president obama's latest comments over the stalemate on the fiscal cliff. we're iffing to bring it to you live as soon as he speaks. we'll take a quick break. what s with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. you won't just find us online, you'll also find us in person, with dedicated support te
, the president offered a tough fiscal cliff proposal to congress, one that aides to john boehner say -- wait for it -- he's already rejected. of course he has. joining me to talk about all things politics, "new york times" columnist frank bruni and ross doufit. how many seconds was it, do you think, gentlemen, let me start with you, frank, before john boehner rejected out of hand president obama's attempt to try and do a fiscal cliff deal? >> with $1.6 trillion in new taxes, i think probably half a second. >> when you see the apparent attempt at a bipartisan lunch going on today between obama and romney, it was all very sweet and everything, the reality is the picture was about as uncomfortable as the relationship is between the two sides, and again, frank, how do we get to a better place in washington? how do we get these guys to realize, let me throw this at you. i interviewed mike tyson an hour ago. fantastic interview in many ways. what i found really fascinating and relevant to this, he talks about when he goes back to the streets he grew up in in new york, what real people care about.
. speaker of the house john boehner said today that he is still waiting for a counterproposal now from the president of the united states. and we learned late this afternoon that in fact speaker boehner and president obama had a phone call today. we don't know, however, what was said in that call. but reports are that some progress is being made in these negotiations. at least conversations continuing behind the scenes between the top leaders, larry. >> all right. a phone call. that's pretty good progress. many thanks. so let's just ask a couple questions here. does president obama have the whip hand in all these negotiations, and are the republicans about to be blamed big-time for falling off their own fiscal cliff? joining me now is ace pollster scott rasmussen. i just did a little tv gig with scott, who's in about 60 cities across the country. all right, scott. you heard timothy geithner. he said if they don't raise taxes on the rich, they were going to go over the fiscal cliff. but at the end of the day, if we do fall over the fiscal cliff, if taxes go december 31st, will the repub
names bandied by for secretary of state, senator john kerry on the left, embassy to the united nations susan rice on the right. which one do you think has the better odds? let you know a couple of secrets coming back. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> congressional republicans have made it clear, they'd like john kerry and not susan rice to be the next secretary of state. of course president obama has not announced his nominee yet, but miss rice and mr
back from the tax havens that remain in the british empire like bahamas and elsewhere. >>neil: john, always a pleasure, if no for other reason than your british accent is better than stuart varney's accent. thank you very much. thank you, john. in the meantime, the man who brokers some pretty night deals for lawrence taylor, what about this one between president obama and speaker boehner? and like s. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>neil: maybe we just got ahead of ourselves. progress is looking not so good on the budget talks with ed henry at the white house with the latest. i am confused. where are we? >>reporter: santa geithner came to capitol hill and there was optimism but he came without bearing gifts and officer speaker wanted to see something on specific spending cuts. speaker boehner suggested the talks are going form right now. if there is any optimism it is the white house trying to both some life into the talks with too little bits of movement. james carney said th
by the john assembly this afternoon. >>jonathan: in the hour we should hear from palestinian president abbas appealing to the diplomats of the general assembly to vote in favor. they are expected to do that by something like a two-thirds majority which will unfold in the hour of "studio b" today. >>shepard: the israelis said one thing and indicated another. they said this vote is meaningless and they sent their foreign minister in to lobby against it. >>jonathan: something of a disconnect between what they are saying and what they are actually doing. they are saying this is purely symbolic, an empty gesture, this does nothing for anyone in terms of forwarding the peace process but practically speaking, they are obviously worried about the symbolism of it. they are also worried about the practicality of it saying it could on the way for the palestinians to go to other international institutions such as the international criminal court and bring war crimes charges against israeli generals, israel politicians. that, they say, would be an obvious hindering of the peace process and not helpful. t
from mortgages, which nobody is making anyway. i think this is insanity. i know john hilsenrath is a great reporter. i think the problem is -- many thanks, lee, for helping us out. >>> here's a thought experiment. what if i told you there would be no fiscal cliff recession? what if you believe me? how would you invest? well, we're going to give stephanie that challenge. she's director of research of "the street" and co-portfolio manager of jim crepers's charitable truth. an old friend. i'm here to say obama is bluffing, there's not going to be a fiscal cliff, they will do something to stop the taxes from expiring. he doesn't want to be herbert hoover obama. i'm putting that on the table. if you take that off the table, you look at the economy, profits, the stuff, there's no lending going on, what is your outlook for the stock market? ivities i think we would be higher if we didn't have this issue. we have low interest rates, not only here, but globally the monetary policy will stay easy. whether you like it or not, it's going to stay easy for a long time. >> i would argue that i
followed by house speaker john banner responding from capitol hill. then eric cantor response to the white house deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a public service by >> president obama talked about the so-called fiscal cliff and his proposal to end the bush era tax cuts. he spoke at a manufacturing facility in hatfield, pennsylvania, for about 25 minutes. >> thank you! [cheers and applause] >> well, good morning, everybody. everybody, please have a seat, have a seat. relax for a second. it is good to see all of you. hello, hatfield! it is good to be back in pennsylvania and it is good to be right here at connects. i want to thank michael airington and the inventor of connects, joel glickman, for hosting me today. where'd they go? stand up so everybody can see
john mcafee is on the run. he is want for questioning about the killing of his neighbor. cnn caught up with mcafee in an exclusive interview why he says the police are chasing the wrong man. >> he was a maybe that lived 200 yards down the beach. i did not kill the man. i knew nothing about his death until the following morning. had a break is when r i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah
business he's meeting with the governors today. john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the president and democrats didn't about the economy at all but rather about politics. >> i am not serious at all about entitlements. the president himself said that's where the money is. on social security he denied there is any effect on the deficit at all. durbin said social security hasn't added a dime to the deficit. in 2012 it added $160 billion of debt. that is more than a dime. there are 2.5 trillion in the trust fund in social security that will take care of it for 20 more years, 25 more years. that means pieces of paper in the trust fund where the treasury says we will pay you. it doesn't have the money. it spent surpluss in the past. that's a promise from the
be singing you're the one i want, you're the one i want? >> no. well done, we have john travolta, olivia newton john news that is also ahead, we've got it all covered. >> this three-part harmony would be two-part harmony. >> come on let's hear it. >>> 6:46. u.s. navy denying claims that iran has captured a drone. spokesman says no american drones are missing in the mideast now that word just came overnight. iran claimed it had captured a u.s. drone after it ended the country's airgg#bx space over te per shall gulf. state tv showing -- persian gulf. the state tv is showing an image. the u.s. insists all aircraft was fully accounted for. >>> jane king live from the new york stock exchange. >>> good morning. january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is
, president ratcheted up the lesh on john boehner. >> no one wants to have this done more than me. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business owners denying they're trying to punt. >> i'll be here and available at any moment to sit down with the president to get serious abouting the problem. >> they noted the president has not scheduled any meetings with the g.o.p. leaders in weeks. not offered any counterproposal to boehner's plan from last week. >> a balanced approach the president has been asking for. now we need response from the white house. >> re
. actually was quite a good job. [laughter] >> mr. john redwood. >> they feel the private sector recovery and the chancellor updated when we may be in a position prudently to make those funds available when you might start to make a profit for the taxpayer and what he considered the comments of those of us who think it does need to be flooded to have defensible banking. >> chancellor. the >> again, i very much respect my right honorable friend plan. as an aggressive plan to reduce the bank elements of rbs. the plan is on track. as i said to this house earlier want to see more done and rbs is reducing the size quite considerably of its investment bank and of course it's also had advice recently from the financial policy committee. i hope it takes that advice into account. >> alistair darling. >> mr. speaker, the profiler pricing growth today looks remarkably similar to the same profile in 2010, which singularly trailed to materialize. is that one of the reason businesses that target. is there any reason we have more confidence the next set of figures which so recovered the ball to capital
that they're obliged to stop this. i'm afraid the politics will make it harder. >> his problem is for john boehner. his own party is split. we're seeing splinter groups coming out, senators, governors, congressmen, saying -- >> from both sides. i'm prepared to go for more taxes. not exactly. this is what interests me and may prolong the negotiations. there's a lot of people in the republican party, and the democratic party, particularly in the senate, who said $250,000 is not really a rich man. maybe a rich man in lincoln, nebraska. but it's not a rich man in new york city or los angeles. and therefore, the rates, the tax rates, which they want to go from 35% to 39.6%, maybe you're going to have to raise the threshold to $500,000, $600,000. maybe you're not going all the way to 39.6%. maybe you go to 37%. >> this is negotiation, isn't it? >> yes. >> i had newt gingrich last night. he almost shut down the government as the speaker, with bill clinton. but the second term, they did get stuff done. both of them used to them me, they used to throw everybody out of the room, and get it done. wha
if it is smart to chase thesd stocks, we talked to john thomal financial dividends, out now before the end of the year to avoid the tax hit. do you think this makes sense for companies to do ts? why are they motivated to do it? >> makes sense for them to do it. they say they do it for the shareholders, and it's a benefit for the shareholders, bt, they -- gerri: including those running the company, be real here. >> that's what they are finding that a tremendous amount of them -- gerri: ceos, board of directors, come on. >> findg stuff like management owns on average 28% of shares and stuff like that so, for example, walmart pulled it forwd from january to december. they estimate that's going to save the walmart family $180 million. gerri: it's not about you and me. >> ha-ha! gerri: we're not the people they are tryingo make happy, but you have done us a favor of picking the category, those offering the special dividends, though affordable, you might want to buy now, costco, why do you like these companies? >> well, first of all, they are in good trends to begin with. i don't like to buy sto
. this system is a voluntary system. i think this team answer applies to his system as well. >> john whittingdale, my friend agrees. but there's there is almost no universal agreement that we must have a stronger regulator and it must be seen to be independent and that it must be established as quickly as possible. however, can i very strongly welcome my friend's statement. the question of whether or not the regulator should have statutory underpinnings, something the parliament needs to consider carefully. perhaps the effectiveness by this committee, we should only proceed to legislate if it becomes absolutely clear that it will not function properly without that. >> i think my honorable friend makes an important point. he has probably spent more time looking at this issue than almost any member of this house of commons. what matters is the enormous consensus there is about what independent regulation should consist of. the powers that are necessary. we all need proper investigation and prominent apologies. that is what victims deserve and that is what we must put in place. he is ri
'll eventually yield on raising tax rates on the wealthy, but john boehner is standing firm against those high taxes. >> we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. >> why does it make sense for the country to force tax increases on all americans because a small group of governors want to extend tax rates for 2% of americans. no reason why that should happen. >> geithner says republicans will be responsible if no budget deal is reached by the end of the month. boehner says the fight has only begun and he's interested in cutting a deal and not sounding a fiscal alarm. we'll be talking about how the two sides might be able to break the deadlock with a did democratic strategist in the next half hour or so. now, singapore airlines has confirmed it's in talks with interested parties to try to divest its 49% stake in the british airline virgin atlantic. didn't say who the party was, but reporting suggest it could be the u.s. carrier delta air lines. it's been look to go acquire the
-- >> no, no. that wasn't a question. [laughter] megyn: why can president bush have ambassador john bolton, who was objected to for his frank style, and president obama can't have her? >> what message are we sending to those europeans who are in the middle of the worst financial crisis in three generations, and we send a fashion magazine editor to be our official representative in london or paris? do you think we would send ms. anna wintour, do you think we'd send her to china? do you think we would pick her for our ambassador to china? it's a putdown of the europeans if they do this. it is a putdown to them in their moment of crisis. megyn: maybe we are secretly trying to redo british fashion. [laughter] >> well, it could use an upgrade, that's for sure. megyn: when she goes over there, she's going to have a couple of things on her plate. seriously, is it an important position? what will the ambassador to great britain likely be doing over the next four years? >> well, handling relationships with one of the closest allies in american history. megyn: but doesn't it get kicked up to the sec
will -- [laughter] stuart: but the big story this hour is john boehner's counteroffer to the president, immediately dismissed by the way. it includes 800 billion dollars in tax revenue, not from higher tax rates. that is the sticking point. president obama wants those tax rates raised. john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country.
to have a grasp of the solution. so he is turning to john boehner to say why don't you do what we couldn't do or won't do? this is really amazing to watch this administration. presidents are supposed to lead, take the initiative, persuade others, create a national consensus. what does he do? he goes out to a toy, he goes out to a toy factory and wants another quarter trillion dollars in spending. i can't imagine why people are somewhat, well suspicious of our politicians given that. melissa: when you talk to people, they're so frustrated by what they see. they want to tune it out. turn back to their family in their own community. it is hard not to gauge. >> let's be real honest. that's what they have already done. that's why we're in this condition. we saw the president even lose 7 1/2 million votes from 2008 to this past november. we've got a lot of people retreating and becoming more insular instead of being engaged. melissa: yeah. >> republicans walking around whining about this president instead of doing something. the republicans were beaten because they doesn't do anything. they di
's in a meeting with house speaker john boehner and mitch mcconnell, top republican in the senate, as well as nancy pelosi, the top democrat in the house. now coming out of the meeting with senator reid, i'm not getting much at the moment from sources but one democratic aide tells me the following. he says that we -- this aide told me, we're all on the same page today. it's more about republicans. that goes without saying, because these negotiations really were focusing on the negotiations between the white house and speaker boehner, even before the meeting, which the treasury secretary and speaker boehner, a spokesman gave us this following statement, ashleigh. i want to read to you. he says, we accepted this meeting with the expectation that the white house team will bring a specific plan for real spending cuts, because spending cuts that washington democrats will accept is what is missing from the balanced approach that the president says he wants. clearly, what that tells me, republicans are putting the ball in the white house's court, and democrats' court to come forward with spending
put, you know, action today on a memo. he's interrogating the whole bureaucracy, kind of like john kennedy used to do. don't just take it from the immediate person below you. find out what's going on. and you can see in some of the diaries of civil servants this sense that suddenly the machine is just gearing up to a completely different level. and 245 sense of a dynamo at work is the other thing that is really important. >> and it is, of course, a conjunction of him realizing that his position is unique. i felt as if i was walking with destiny. but also the conjunction is with a nation and a people who are at a unique point in their history. it's very easy now to just forget the degree of isolation, physical ice laying of great britain at that point. of course there was the empire, there was the commonwealth, there was the hope that one day the united states would become actively involved with its allies. but for that period he and britain are alone and that i think comes back to this thing of courage. >> its situation is extromly simple. you know, in politics and international li
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